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Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $14,000, $18,000, $20,000, $16,000, and $17,000, respectively.
- Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $14,000, $18,000, $20,000, $16,000, and $17,000, respectively. The interest rate is 7%. Enter your answer rounded to 2 DECIMAL PLACES. What is the discounted payback period?
- If the firm requires a discounted payback periods 3 years or less, will the project be accepted, Yes or No?
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
